FDIC failed bank list
Bank failures in 1950
4 insured banks failed in 1950, with combined assets of $4.0M. Pennsylvania had the most (1).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| First National Bank in Cecil | Cecil, PA | Oct 9, 1950 | $638K | 0 | — |
| The Farmers First National Bank of Minooka | Minooka, IL | Aug 14, 1950 | $1.3M | 0 | — |
| The Bank of Aurora | Aurora, NC | Jul 24, 1950 | $1.3M | 0 | — |
| The Westphalia State Bank | Westphalia, MI | Apr 3, 1950 | $744K | 0 | — |